Globality

About:

Globality revolutionizes how businesses buy and sell services by matching the best provider at the right price for every project.

Website: http://www.globality.com/

Twitter/X: GlobalityInc

Top Investors: Raine Ventures, Scott Belsky, SanDisk, SoftBank Vision Fund, Sheryl Sandberg

Description:

Globality is a Silicon Valley-headquartered technology company co-founded by Joel Hyatt and Lior Delgo to connect global companies with the best suppliers at the right price for any sourcing need across every service category. Through its AI-powered Platform and Smart Sourcing technologies, Globality is bringing digital transformation to the sourcing industry. Globality’s AI digital solution replaces the archaic analog Request for Proposal, efficiently and effectively scoping needs, managing demand, matching companies with outstanding suppliers that meet their specific service needs and cutting the sourcing process from months to hours while delivering savings of 20% or more. In January 2021, Globality raised $138 million from Sienna Capital and the SoftBank Vision Fund, bringing the total investment it has raised since its founding five years ago to $310 million. For more information, visit Globality’s website at www.globality.com. Utilizing our Smart Sourcing technologies, clients with substantial service needs can capture billions of dollars in bottom-line impact. Dozens of Fortune 500 companies are already leveraging the Platform’s strategic AI sourcing partner, Glo, to improve the quality and decrease the cost of services, all while driving greater transparency, accountability and fairness. Learn how partnering with Globality can digitally transform services sourcing to better your company’s bottom line.

Total Funding Amount:

$311M

Estimated Revenue Range:

$1M to $10M

Headquarters Location:

Palo Alto, California, United States

Founded Date:

2015-01-01

Contact Email:

careers(AT)globality.com

Hub Tags:

Emerging Unicorn

Founders:

Joel Hyatt, Lior Delgo, Ran Harpaz

Number of Employees:

101-250

Last Funding Date:

2021-01-21

IPO Status:

Private

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